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Chinese Premier Li Qiang visited Indonesia, meeting with President Prabowo Subianto to bolster trade and investment amid global economic uncertainty. Li highlighted China's economic growth despite external challenges and advocated for multilateralism. Subianto welcomed increased Chinese investment, noting the strong bilateral trade relationship exceeding $147.8 billion in 2022. Li's visit secured new investment commitments totaling $21.7 billion, adding to previous agreements, and focused on strengthening cooperation across various sectors, including infrastructure and technology transfer. Li's trip also included meetings with Indonesian parliament members and is set to continue in Malaysia.

Prepared by Rachel Morgan and reviewed by editorial team.